What if Kimye The Kardashian Wedding Was In Colorado?

May 27, 2014
By
April Jones Law

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Kimye: The Wedding

If you get married the divorce rate statistics are this:

First time 50%. Second time 67%. Third time 73%.

This is Kim Kardashian's third marriage. First she married Damon Thomas, when she was nineteen. Then we sort of remember the short lived 72 day marriage in 2011. And now her
third marriage to Kanye West...

The second time marriage divorce rate is slightly higher than for first time marriages. And the third time is way high! This is due to various factors and many theories and opinions.

The thing that Kimye have is a child together before marriage. In most post first marriages, children are brought in from prior marriages and this blending adds stress to a newly married couple. So hopefully this extra role of parental bonding before actually getting married helps the marriage failure rate in this case.

Pre-nup?

TMZ said there's a pre-nup and RadarOnline.com reported that Kim will get one million every year she is married to Kanye. Among the pre-nup details, for every year Kim is married to Kanye, she will get $1 million, capped at $10 million, the title of their Bel Air mansion will be in Kim's name, even though Kanye is footing a majority of the bill, and the sex tape star will keep all jewelry and gifts given to her by Kanye.

Money she earns from Keeping Up With The Kardashian's, the Kardashian clothing line, and promotional appearances, will be considered her separate and sole income.

How do we know all this is true? Who knows, however; there was a pre-nup that took several months to hammer out in her first marriage to Kris Humphries. The marriage that lasted 72 days.

One of Kanye's life insurance policies valued at $20 million will name Kim as the beneficiary, for life, even in the event of a divorce.

Child custody for North?

There are NO clauses in the agreement concerning custody arrangements of their daughter, North.

According to reports, Yeezus is worth $100 million, and Kim's is worth $40 million.

If they were to get divorced in Colorado without a pre nup this is the deal: separate property meaning assets that they each had prior to marriage (and that they kept separated throughout the marriage) would remain the separate property of the owner.

However, the increase in value of their separate property during the marriage would be considered marital property. For example if Kanye owns a record company and it's worth $10 million today but in 5 years when they get divorced the record company is worth $20 million the increase in value of $10 million is considered marital property in Colorado. Given that Kim is worth 40 million and Kanye's worth 100 million according to reports, the increase in value of their assets could be an extraordinary amount of money that the parties might have to divide 50/50 without a pre nup. When viewed from this perspective, it would appear that a mere $1 million per year for a settlement for Kim is mere pennies.

For the sake of that beautiful baby we certainly wish them the best of luck and hope that the third time is indeed the charm.

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